Definition of "prequalified" []

• Simple past tense and past participle of prequalify. (verb)

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• "Some customers were told they had "prequalified" for a loan at one interest rate only to be charged a much higher rate when the loan came through, the complaint said."
• "Robert Halter, executive director of IU's office of procurement, said bid deadlines would normally be longer, but Wagner had told his office both companies were "prequalified" and"
• "Around two-thirds of the 35 companies that have been "prequalified" to place bids for the first bidding round are international firms like Total SA (TOT), Exxon Mobil Corp."